earnings
confidence high
sentiment neutral
materiality 0.75
Magnolia Q2 net income $81M, raises FY production growth guidance to ~10%
Magnolia Oil & Gas Corp
- Net income $81M ($0.41 diluted EPS), down 23% YoY; adjusted net income $80.9M.
- Production 98.2 Mboe/d (+9% YoY), oil 40.0 Mbbls/d, both quarterly records.
- D&C capex $95.2M (43% of adjusted EBITDAX); free cash flow $107.5M.
- Returned $77.9M to shareholders: $48.7M share repurchases (2.2M shares) plus $0.15 dividend.
- Raised FY2025 production growth guidance to ~10% from 7-9%; closed $40M bolt-on acquisitions (18,000 net acres).
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